USD/JPY flows: Nikkei's avalanche keep JPY strength in check

The Nikkei has fall almost 5% on Friday's Asia session. While it seems to be poor global risk sentiment, the hawkish tone from BoJ may have spooked investors. The avalanche drew verbal support from multiple Japanese officials in the Japanese economy but is doing little. The fall in Japanese equities seems to have limited the recent JPY strength and lead to a recover of earlier loss.

USD/JPY is trading 0.14% higher at 149.54 after touching a session low of 148.87.